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1 person found this helpful  

Broadridge

  • Comp & Benefits
  • Work/Life Balance
  • Senior Management
  • Career Opportunities
Current Employee - Anonymous Employee  in  Edgewood, NY
Current Employee - Anonymous Employee in Edgewood, NY

I have been working at Broadridge

Pros

- Very little competition + Name Recognition = job security if you do your job well.
- HR Training is top notch - though they recently reduced the amount they contribute towards degrees, they pay 100% for designations and offer a ton of classes in person or on-line for personal development.
- Though they are small, bonuses are offered depending on performance.
- Minorities and women are represented in Senior and Middle management.
- Depending on your department/area, you have the flexibility to create your workday however you want it.

Cons

- While there are women and minorities in power, Broadridge is very much a good-old-boys club.
- In order to get anything done in IT, you have to cut through an enormous amount of red tape. If clients knew how much, they would be very upset and probably look elsewhere for services.
- Depending on the department, management is either just average or pretty useless. Senior Management is known to protect bad supervisors and managers, often blaming the associate for the supervisor/manager's shortcomings. Anyone who speaks up is blacklisted.
- Technology is antiquated. In order to make changes that would benefit the company, the infrastructure often has to change which can cost a ton of money. Good projects get pushed back while cheaper more useless projects are completed.
- Management often waits until the last minute to take action on problems. When associates bring up issues that affect the company or their clients, they are often not taken seriously until the client escalates the issue.
- Networking is key here - one bad move and one will never be promoted. However, if the right people like you, one will be promoted very quickly.

Advice to ManagementAdvice

Senior management needs to follow Rich and John's vision for the company so it can trickle down to middle and lower management. Employees = your greatest asset.

No opinion of CEO

243 Other Employee Reviews for Broadridge (View Most Recent)

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  1. 2 people found this helpful  

    Wouldn't work here in IT.

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Career Opportunities
    Current Employee - Senior Systems Administrator  in  Edgewood, NY
    Current Employee - Senior Systems Administrator in Edgewood, NY

    I have been working at Broadridge

    Pros

    Flexible with time off, work hours.

    Cons

    Incredible shrinking benefits, lack of respect by mgmt, arrogant managers, disorganized sweat shop, blatant favoritism.

    Advice to ManagementAdvice

    Send all of yourselves to a management class and learn how to better deal with people and co-workers.

    Doesn't Recommend
    No opinion of CEO
  2. 3 people found this helpful  

    What happened after spin?

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Career Opportunities
    Former Employee - Anonymous Employee  in  Jersey City, NJ
    Former Employee - Anonymous Employee in Jersey City, NJ

    I worked at Broadridge

    Pros

    Camaraderie with fellow associates (below management).

    Cons

    After spin deadwood carried over to new company; Broadridge suffers from strategic dissonance and a lack of organization innovation because of their middle and senior management fear of change (the resistance of forces). The technology is not full utilized because of the bureaucracies and waste within management.
    Broadridge suffers high turnover in finance, customer service, sales and human resources because of lack of job enrichment, pretty much managers fear anyone who knows more than they do and will make life unbearable to anyone who threatens their job security. This organization lacks cohesiveness and their turnover numbers show it especially in finance and human resources.

    This company level of diversity is as follows:
        High recruitment & lack for retention
                         Blacks, Latinos, Asians and people with disabilities are non-existent in management.
        Ratios of women in senior management rates below poor.
                         Training and mentoring programs are poorly run and associates are discouraged during work hours to take any additional training because of impact on workloads.
        Salary/benefits are just below average
        Family/work life balance only exists in senior and middle management.

    Associates who are able to fit into the culture of the management click, you will have a long career; if not…much backstabbing and job sabotage will be in store for you (just like high school). This company is not for the faint of heart and has a strong resistance to change.

    If you are a trained in recruiting and looking for long term employment, but lack a social life, this is the job for you, but stay away from the death camp in Journal Square.

    Advice to ManagementAdvice

    Richard Daily is a wonderful person, but is clueless on what his middle management team is doing to the morale of the associates and the business. He is losing the best qualifying associates and left with incompetent deadwood. Richard needs to view his headcount reports and find out why several of his departments are beyond high in turnover. He also needs to move some of his “long” term managers in those departments out to stop the cycle. Broadridge is long over due for a change intervention and total restructuring of the management.

    A recruiting agency once stated that Broadridge is a cash cow (for recruiting) and the agency can count on Broadridge to make the quotas. A very sad statement, Richard.

    Doesn't Recommend
    No opinion of CEO
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